Natixis Advisors LLC Has $23.96 Million Position in Cboe Global Markets, Inc. $CBOE

Natixis Advisors LLC cut its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 1.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 97,693 shares of the company’s stock after selling 1,788 shares during the quarter. Natixis Advisors LLC owned about 0.09% of Cboe Global Markets worth $23,959,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Headlands Technologies LLC acquired a new stake in shares of Cboe Global Markets in the 2nd quarter valued at $31,000. Twin Peaks Wealth Advisors LLC acquired a new position in Cboe Global Markets during the second quarter worth $33,000. Physician Wealth Advisors Inc. increased its position in Cboe Global Markets by 70.5% during the third quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock worth $33,000 after buying an additional 55 shares during the last quarter. Ameriflex Group Inc. raised its holdings in Cboe Global Markets by 97.4% during the third quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock valued at $38,000 after buying an additional 76 shares in the last quarter. Finally, Dakota Community Bank & Trust NA acquired a new stake in shares of Cboe Global Markets in the third quarter worth about $42,000. 82.67% of the stock is owned by institutional investors.

Cboe Global Markets Price Performance

NASDAQ CBOE opened at $285.52 on Wednesday. The stock has a 50-day simple moving average of $275.42 and a 200 day simple moving average of $256.11. Cboe Global Markets, Inc. has a twelve month low of $200.88 and a twelve month high of $305.68. The stock has a market capitalization of $29.88 billion, a PE ratio of 39.55, a P/E/G ratio of 1.75 and a beta of 0.33. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings results on Friday, February 6th. The company reported $3.06 EPS for the quarter, topping the consensus estimate of $2.95 by $0.11. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.During the same period in the prior year, the company posted $2.10 EPS. The company’s revenue for the quarter was up 28.0% on a year-over-year basis. Research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, February 27th. Cboe Global Markets’s dividend payout ratio is presently 27.64%.

Insider Buying and Selling at Cboe Global Markets

In other news, CAO Allen Wilkinson sold 248 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $292.79, for a total transaction of $72,611.92. Following the completion of the transaction, the chief accounting officer owned 410 shares of the company’s stock, valued at approximately $120,043.90. This represents a 37.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Edward J. Fitzpatrick sold 3,947 shares of Cboe Global Markets stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $285.87, for a total value of $1,128,328.89. Following the sale, the director directly owned 12,921 shares in the company, valued at approximately $3,693,726.27. This trade represents a 23.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 5,695 shares of company stock valued at $1,628,981 in the last ninety days. Company insiders own 0.22% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on CBOE shares. UBS Group reiterated a “neutral” rating and set a $290.00 price target on shares of Cboe Global Markets in a research note on Monday, February 9th. Loop Capital set a $317.00 price objective on Cboe Global Markets in a research note on Monday, February 9th. Zacks Research upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Barclays upped their target price on Cboe Global Markets from $295.00 to $317.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Finally, Morgan Stanley increased their price target on Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $279.00.

Cboe Global Markets Profile

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.